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MKS Instruments MKSI Photonics Solutions Division — Inventory Net

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Other financials

Income statement

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Revenue$1.1B+15.2%
Gross profit$507.0M+14.2%
Operating income$149.0M+34.2%
Net income$84.0M+61.5%
EPS (diluted)$1.18+53.2%

Balance sheet

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Cash & equivalents$569.0M-13.1%
Total debt$4.0B-9.8%
Total equity$2.8B+19.4%
Total assets$8.7B+2.0%

Cash flow

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Operating cash flow$53.0M-62.4%
CapEx$25.0M+38.9%
Free cash flow$28.0M-77.2%

Valuation

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Market cap$30.04B+267%
Enterprise value$33.52B+169%
P/E91.9×+61.2×
P/S7.4×+5.2×

Profitability

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Gross margin46.7%-0.9pp
Operating margin13.9%+0.1pp
Net margin8%+1.8pp
FCF margin9.9%-3.4pp

Returns & leverage

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Return on equity12.7%+3.1pp
Debt / equity1.4×-0.5×
Current ratio1.1×-2.0×

Where this comes from

Reported directly by MKS Instruments in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The official record: MKS Instruments’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MKS Instruments's photonics solutions division — inventory net?
MKS Instruments (MKSI) reported photonics solutions division — inventory net of $278M in Q1 2026.
How has MKS Instruments's photonics solutions division — inventory net changed year-over-year?
MKS Instruments's photonics solutions division — inventory net increased by 8.2% year-over-year, from $257M to $278M.
What is the long-term trend for MKS Instruments's photonics solutions division — inventory net?
Over 3 years (2022 to 2025), MKS Instruments's photonics solutions division — inventory net has grown at a 3.6% compound annual growth rate (CAGR), from $955M to $1.06B.
What does photonics solutions division — inventory net mean?
This represents the total value of raw materials, work-in-progress, and finished goods held by the Photonics Solutions Division, net of any reserves for obsolescence. It reflects the segment's ability to manage supply chain logistics and meet customer demand without overstocking. Effective inventory management is critical for maintaining margins in high-tech manufacturing environments.